Tech Mahindra employs more than 600 at its Alpharetta office — the company’s second-largest in the United States. The office, at 3655 North Point Parkway, serves Georgia, Tennessee, Alabama, Florida and the Carolinas.

“We help (clients) run better and change faster, and grow greater revenue and market share,” said Arvind Malhotra, global head of Strategic Accounts and South America.

Tech Mahindra’s expansion underscores Atlanta’s reputation as a center for multinationals who provide business consulting, technology, engineering and outsourcing services. Indian multinationals Wipro Ltd. (NYSE: WIT) and Infosys Ltd. (NYSE: INFY) have large business process outsourcing (BPO) operations in the metro area.

Abundant skilled talent, favorable taxes and low living costs have made metro Atlanta a magnet for IT hubs, similar to the Indian city of Bangalore that reinvented itself into an Asian R&D tiger on the shoulders of American offshoring.

“Tech Mahindra is part of the reason Alpharetta has become known as the Technology City of The South,” Alpharetta Mayor David Belle Isle said in a statement.

The company recently added 125 jobs in Alpharetta to serve an undisclosed Fortune 10 conglomerate.

Demand is primarily being driven by the explosion of cloud-computing, Malhotra said.

“That’s driving spend for the IT services we provide,” he said.

The shift to digital is another demand driver. Companies are hooking up industrial equipment to the Internet and developing new technologies and services for the digital economy.

Industrial companies, such as GE and Honeywell, are embracing the Internet of Things (IoT), connecting engines, turbines, thermostats and pumps to the Internet so they can share data and provide early warning of failures.

Retailers are moving to e-commerce, while banks are adopting blockchain and other financial technologies.

Tech Mahindra employs more than 2,000 across the United States. Like most technology services companies, Tech Mahindra’s employees are typically based at clients’ office.

TECH MAHINDRA

North American HQ: Dallas

Background: Tech Mahindra, part of Mumbai, India-based Mahindra Group, provides consulting, outsourcing, engineering and IT services to Fortune 500 companies. Tech Mahindra employs more than 600 at its Alpharetta office — the company’s second largest in the United States. The office, at 3655 North Point Parkway, serves Georgia, Tennessee, Alabama, Florida and the Carolinas.

In the news: Tech Mahindra plans to add up to 600 Alpharetta-based jobs over the next two years. The company recently added 125 jobs in Alpharetta to serve an undisclosed Fortune 10 conglomerate.

Global revenues: $4.5 billion

Eaton picks midtown for expansion

Power management conglomerate Eaton Corp. PLC is expanding in Atlanta.

Eaton’s lighting division will locate a technology center at Midtown’s 715 Peachtree, where it will employ up to 100 people, Atlanta Business Chronicle has learned.

Cleveland, Ohio-based Eaton is a power management company with 2016 sales of $19.7 billion. Eaton develops technology to manage electrical, hydraulic and mechanical power more efficiently and safely. The company has about 95,000 employees and sells products in more than 175 countries.

Eaton has leased 20,000 square feet at 715 Peachtree, a 10-story Midtown office. Nearly $550,000 will be spent in building out the space, according to a permit filed with the city of Atlanta.

The office will be a Southeast regional center, an Eaton spokeswoman said.

“Plans for the new space are in development, and we anticipate it will be a great cross-functional environment,” the spokeswoman said, declining to disclose details on the scope of operations or workforce numbers.

715 Peachtree is anchored by Morris Plains, N.J.-based Honeywell International Inc. (NYSE: HON), where the industrial conglomerate leases about 62,000 square feet — or two floors. Honeywell earlier this year put a software development center and the headquarters of its nearly $10 billion Home and Building Technologies unit in the 300,000-square-foot development near the Fox Theatre. The company plans to lease an additional 30,000 square feet at 715 Peachtree.

Eaton picked burgeoning Midtown for the new operation, drawn by the region’s skilled workforce and millennial population, a source said. Metro Atlanta’s robust Internet connectivity, a low cost of living and a globally connected airport allows Atlanta-based technology centers to service national and global offices.

In September, professional services giant Accenture confirmed plans for a major expansion in midtown Atlanta — a move that will create about 800 jobs and include a 30,000-square-foot “innovation hub.”

Last October, Anthem Inc. said it would put a 1,800-employee IT services hub at Bank of America Plaza. General Electric Co., meanwhile, picked Atlanta for a $3 million global digital operations center — a project that will create 250 jobs in Midtown.

The Georgia CIO of the Year® ORBIE® Awards

Join over 1,000 of Georgias technology professionals at the 19th annual Georgia CIO of the Year ORBIE Awards. This annual event honors 26 chief information officers who have demonstrated excellence in technology leadership.